Daily News Roundup: Can Silicon Valley CEO Survive Scandal?
Emmett Carson is in the midst of a crisis over harassment claims about his chief fundraiser. In other articles, the chair of Save the Children is coming under criticism for how he dealt with a sexual-harassment scandal at the charity; Michael Bloomberg is spending $4.5 million to cover this year’s U.S. financial commitment for the Paris climate accords; Missouri Gov. Eric Greitens has been charged with a felony for tampering with computer data connected to a nonprofit donor list; and much more.
Gifts Roundup: Brown U. Gets $100 Million Donation for Brain Research
Also, the Art Institute of Chicago got two contributions totaling $70 million, and Birthright Israel received $70 million from Sheldon and Miriam Adelson.
By Maria Di Mento
Senior Editor
Daily News Roundup: Save the Children Chair Steps Down
Alan Parker resigned before his term ended, saying the nonprofit needed to rebuild trust. In other articles, complaints about sexual misconduct have tripled since the Oxfam scandal, says Britain’s Charity Commission; the Open Society Foundations may leave Hungary; a nonprofit created to pay Missouri Gov. Eric Greitens’s legal bills raised no money last month; artificial-intelligence researchers are making $1 million-plus at nonprofits; and other articles on big gifts and donor research and more.
Daily News Roundup: Brown U. Gets $100 Million
The gift, from an alumnus, will go to a neuroscience institute. In other articles, President Trump’s NASA nominee allegedly used a nonprofit to benefit himself; accusations of bullying and inappropriate sexual comments have prompted an investigation at the Silicon Valley Community Foundation; employees at the Soros Foundation have unionized; Missouri Governor Eric Greitens is accused of misusing a charity donor list; and other articles about millennial donors and the arts and much more.
A Star Performer Created a ‘Toxic Culture’ at the Silicon Valley Community Foundation, Say Insiders
An investigation is looking into reports of bullying, sexual comments, and an oppressive office culture.
By Marc Gunther
Contributor
Daily News Roundup: Gates Adds $1 Billion More to Malaria Fight
The foundation grant will invest in research and development efforts through 2023. In other articles, the Art Institute of Chicago has landed gifts of $50 million and $20 million; Seattle public radio station KEXP receives $10 million; plus, news, features, and opinion about the endowment tax and American orchestras and Liberty University and more.
Daily News Roundup: Harvard, Yale, and Others Trying to Repeal Endowment Tax
Thirty colleges are aiming to help two members of the House (a Democrat and a Republican) find sponsors for a bill. In other articles, Amherst gets $100 million from an anonymous alum to match “gifts at very significant levels"; Sheldon and Miriam Adelson are giving $70 million to the Birthright Israel Foundation; Beyoncé donates $100,000 to historically black colleges; and articles about one of the world’s wealthiest charities and universal basic assets and more.
$9 Trillion Will Transfer From Americans’ Estates, New Analysis Says
If 5 percent of inheritances are captured for philanthropy, 10 Gates Foundations could be created over the next decade, according to an exclusive report by the Center for Rural Entrepreneurship and Locus Impact Investing.
By HEATHER JOSLYN
Contributor
Crowdfunding and Major Gifts Are Highlights at Fundraising Conference
Sexual harassment, turning social-media users into donors, and tough conversations with donors were among other topics discussed at the Association of Fundraising Professionals meeting.
By HEATHER JOSLYN and Timothy Sandoval
Daily News Roundup: Donors Are Going Back to Their Hometowns to Fix Them Up
Often they require a combination of philanthropy and investments with a social return. In other articles, the Ford Motor Company has agreed to pay the Abell Foundation and a technology firm to use a hybrid engine technology; Report for America, a nonprofit that works like AmeriCorps, plans to place 1,000 journalists in understaffed newsrooms by 2022; the Twin Cities is going informal, holding fewer black-tie events; and other articles about the Obama Foundation and data-analysis tools and more.
Gifts Roundup: Big Donations Go to Nonprofits That Fight Crime and Resolve Conflicts
Also, a hospital in Boca Raton, Fla., gets $25 million, while Vanderbilt U. receives $20 million.
By Maria Di Mento
Senior Editor
Fundraisers Vow ‘No Tolerance’ for Harassment
But at a panel of fundraisers and experts held at the Association of Fundraising Professionals, speakers questioned whether nonprofits and their boards were ready to act, especially against donors accused of misconduct.
By Heather Joslyn
Contributor
Daily News Roundup: Bloomberg Aims to Speed Up the Demise of Coal Mining
In other news, the head of American Atheists has been suspended after a complaint that prompted an investigation; Texas A&M has raised $3 billion of its $4 billion campaign goal; the Rockefeller art collection could top $1 billion at auction; the Smithsonian Institution has will work with the Victoria and Albert Museum on a joint gallery and exhibition space in London; and much more, including articles on charities and politics.
Daily News Roundup: Schwarzman Had Long List of Demands in Exchange for $25 Million Gift
Billionaire Stephen Schwarzman wanted a portrait of himself, his brothers’ names on display, curriculum changes, and approval over the building design of the high school that was to receive his gift. In other articles, the MacArthur Foundation is giving more than $24 million to Chicago-are arts groups; a Florida hospital is getting a $25 million contribution; Ken Griffin is donating $10 million to Chicago police to fight gun violence; and much more on the arts and news and opinion.
How to Raise Money — and Talk to Donors — When Your Organization Is Near Death
You may have to ditch tradition to bring in money for a failing organization, but donors sometimes give surprisingly big contributions under those circumstances.
By Drew Lindsay
Contributor
The MasterCard Foundation severed relations with Michigan State, saying it was “dedicated to providing a safe environment for young people who participate in our programs.” In other news, Save the Children faces a formal investigation after complaints about employee behavior and the departure of senior staff members; the biggest Black Lives Matter Facebook page is fake but raised $100,000; and other articles on gun violence and the arts and the Stephen Schwarzman gift and more.